Economics · Microeconomics

The Duopoly Lab — Cournot vs. Bertrand vs. Stackelberg

Run Helio Verde Beverages through three classical models of duopoly competition against rival Boravia Drinks. Discover that the model assumption — not the number of firms — drives the equilibrium outcome.

3 rounds Executive English, Español
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Who it is for

An advanced simulation for participants used to working with the main frameworks and trade-offs of the subject, designed for executive education and experienced professionals.

How a session runs

  1. The instructor creates a session from the Eureka dashboard and invites the participants.
  2. Participants play 3 rounds. In each one they submit their decisions and the simulation calculates the results.
  3. The simulation can be run in English, Español.
  4. The instructor follows each participant's progress and results from the dashboard, and uses the class results for the debrief.

Decisions participants make

The decisions participants make during the simulation:

  • Production quantity
  • Wholesale price
  • Commitment device

What participants track

What participants follow on screen as the rounds go by:

  • Last Round Outcome

Subjects covered

Designed for courses in Microeconomics.

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